Equity Bank (MN)

Equity Bank (MN) is headquartered in Minnetonka and is the 273^rd largest bank in the state of Minnesota. It is also the 6,328^th largest bank in the nation. It was established in 1937 and as of March of 2012, it had grown to 8 employees at 2 locations. Equity Bank (MN) has a 3-star health rating.

Data for Q1 2012

Institution Statistics Equity Bank FDIC Certificate # 16635 BankRate Report View Year Established 1937 Employees 8 Primary Regulator FDIC Assets and Liabilities Assets $51.68 million Loans $45.03 million Deposits $44.34 million Equity Capital $6.49 million Loan Loss Allowance $418,000 Unbacked Noncurrent Loans $1.66 million Real Estate Owned $1.56 million Historic Data - March 2011 Assets $51.62 million Equity Capital $7.39 million Loan Loss Allowance $431,000 Unbacked Noncurrent Loans $318,000 Real Estate Owned $1.15 million Profit Margin - Quarterly Net Interest Margin 4.8% Return on Assets 0.28% Return on Equity 2.14% Interest Income $760,000

Institution Health Overall Score: 3 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 31, 2012 Equity Bank (MN) had $3.21 million in non-current loans and owned real-estate with $6.91 million in equity and loan loss allowances on hand to cover it. This gives Equity Bank (MN) a Texas Ratio of 46.50% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Equity Bank (MN) increased slightly from 18.71% as of March 31, 2011 to 46.50% as of March 31, 2012, resulting in a negative change of 148.50%. This indicates that the balance sheet and financial strength for Equity Bank (MN) has declined slightly in recent periods. Deposit Growth In the past year, Equity Bank (MN) has increased its total deposits by $224,000, resulting in 0.51% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Equity Bank (MN) has shown is average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Equity Bank (MN) has $51.68 million in assets with $6.91 million in equity, resulting in a capitalization level of 13.37%, which is excellent.

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